Form 4: Krispy Kreme CFO Boosts Stake After PSU Vesting

Krispy Kreme's Chief Financial Officer, Raphael Duvivier, increased his beneficial ownership of common stock following the vesting of performance-based restricted stock units.

Summary

• Raphael Duvivier, Chief Financial Officer of Krispy Kreme, Inc. (DNUT), reported changes in his beneficial ownership of common stock.
• On January 29, 2026, Mr. Duvivier acquired 1,382 shares of common stock at a price of $0 per share.
• These shares were received in connection with the achievement of performance criteria tied to previously awarded performance-based restricted stock units (PSUs).
• Concurrently, 650 shares of common stock were disposed of at a price of $3.16 per share to cover tax withholding obligations related to the PSU vesting.
• Following these transactions, Mr. Duvivier's total beneficial ownership stands at 559,533 shares, comprising 144,634 directly owned shares and 414,899 unvested Restricted Stock Units (RSUs).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event. While a portion of shares was sold for taxes, the underlying acquisition of shares due to performance criteria being met is a positive indicator for the company's operational success and executive incentives.

Positives

• The acquisition of 1,382 shares indicates the achievement of performance criteria for previously awarded performance-based restricted stock units, suggesting positive company performance metrics were met.
• The Chief Financial Officer's beneficial ownership of Krispy Kreme common stock increased by a net of 732 shares (1,382 acquired 650 disposed).

Negatives

• 650 shares were surrendered to cover tax withholding obligations, which is a standard practice but results in a reduction of direct shareholding.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the vesting of performance-based restricted stock units and subsequent tax-related share dispositions, are common practices in executive compensation across various industries. This filing reflects standard corporate governance and compensation structures for equity awards tied to performance metrics.

Comparison to Industry Standards

• This Form 4 primarily reports an individual insider transaction and does not provide company-wide financial or operational data for direct comparison to industry benchmarks or specific competitor projects.

Stakeholder Impact

• Shareholders: The net increase in the CFO's beneficial ownership aligns executive interests with shareholder value, potentially signaling confidence in the company's future.
• Employees: The vesting of performance-based units demonstrates the company's commitment to performance-based compensation, which can motivate employees.

Key Dates

Keywords

Krispy Kreme, DNUT, Raphael Duvivier, CFO, Insider Transaction, Form 4, Beneficial Ownership, PSU Vesting, Restricted Stock Units, Equity Compensation